JPY
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 177.50 after rising above nine-day EMA
EUR/JPY gains ground for the second successive day, trading around 177.30 during Asian hours on Tuesday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is maintaining a mildly bearish bias as it holds below the 50-day […]
by Currency Hedger
- 0 Comments
- 4 hours ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Weakens below 109.50 as bearish signals reinforce downside bias
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Tuesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD), bolstered by heavy official intervention. According to quarterly figures released by the Ministry of Finance (MOF) on Monday, Japan conducted currency market interventions on three days between July […]
by Currency Hedger
- 0 Comments
- 5 hours ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Weakens Towards 158 Despite Hawkish Bank of Japan Signals
The Japanese yen has weakened towards 158 per US dollar, surrendering part of its previous session’s gains despite increasingly hawkish signals from the Bank of Japan (BOJ). Policymakers appear broadly aligned on the need for further interest-rate increases, with underlying inflation approaching the central bank’s 2% price stability target. However, expectations of tighter monetary policy […]
by Currency Hedger
- 0 Comments
- 6 hours ago
CNH, CNY, INR, JPY, KRW, Market Analysis, Technical Analysis
Indian Rupee Leads Asian Currency Losses as Won and Yen Also Weaken
Asian currency markets are showing renewed weakness, with the Indian rupee recording the largest decline among the region’s major currency losers. The South Korean won and Japanese yen are also trading lower, while the Chinese yuan remains broadly unchanged. The latest performance highlights diverging movements across Asia’s foreign-exchange markets, with the rupee under the greatest […]
by Currency Hedger
- 0 Comments
- 7 hours ago
AUD, EUR, GBP, JPY, Market Analysis, NZD, Technical Analysis, USD
South Korean Won Leads Currency Gains as Dollar Index Retreats – Global FX Market Update
Global currency markets are showing broad-based gains across several major currencies, with the South Korean won leading the advance after strengthening by 0.82%. The New Zealand dollar followed with a 0.79% increase, while the Australian dollar gained 0.34%. The British pound and Japanese yen both advanced by 0.17%, while the euro recorded a smaller gain […]
by Currency Hedger
- 0 Comments
- 1 day ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Holds gains above 176.50, but downside bias prevails below 100-day SMA
The EUR/JPY cross trades in positive territory around 176.65 during the early European trading hours on Monday. However, the potential upside for the cross might be limited amid hawkish signals from the Bank of Japan (BoJ). The BoJ left rates unchanged last month but emphasized its resolve to combat inflationary risk, reinforcing market expectations of […]
by Currency Hedger
- 0 Comments
- 1 day ago
JPY, Market Analysis, Technical Analysis, USD
Japanese Yen Strengthens Towards 158 per Dollar as Hawkish BOJ Signals Raise December Rate Hike Expectations – Monday Market Outlook
The Japanese yen strengthens towards 158 per US dollar on Monday, recovering part of last week’s losses as increasingly hawkish comments from Bank of Japan officials reinforce expectations of further monetary tightening. BOJ Chief Economist Seisaku Kameda indicates that the central bank is likely to raise interest rates in December and continue tightening monetary policy […]
by Currency Hedger
- 0 Comments
- 1 day ago
AUD, JPY, Market Analysis, Technical Analysis
AUD/JPY Price Forecast: Extends decline below 109.00, bearish bias remains intact under 100-day SMA
The AUD/JPY cross trades in negative territory around 108.90 during the early European trading hours on Friday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) on safe-haven flows and Bank of Japan (BoJ) rate hike signals. Fears of tighter scrutiny of the Artificial Intelligence (AI) industry, particularly around data center construction, have unsettled […]
by Currency Hedger
- 0 Comments
- 4 days ago
EUR, JPY, Market Analysis, Technical Analysis
EUR/JPY Price Forecast: Trades near 176.50 after slipping below nine-day EMA
EUR/JPY loses ground for the second consecutive day, trading around 176.80 during Asian hours on Friday. The technical analysis of the daily chart suggests that the currency cross is remaining within a descending channel pattern, indicating a prevailing bearish bias. The EUR/JPY cross is keeping a bearish near-term tone as it holds below both the […]
by Currency Hedger
- 0 Comments
- 4 days ago
AUD, GBP, JPY, NZD
New Zealand Dollar Leads Currency Declines as US Dollar Strengthens Across Global FX Markets
The New Zealand dollar is leading losses across major currencies, declining by 0.61% as the US dollar strengthens against a broad group of international peers. The Australian dollar is also under pressure, falling 0.53%, while the Polish zloty, euro, British pound and Japanese yen are recording smaller declines. The latest currency movements indicate a broad-based […]
by Currency Hedger
- 0 Comments
- 4 days ago